Newly Renovated Comfort Inn & Suites for sale in NE PA
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PRIME LOCATION COMFORT INN & SUITES
This fully renovated 86-room Comfort Inn & Suites presents an exceptional hospitality investment opportunity in Northeast Pennsylvania. Established in 2011 and completely renovated in 2023, this turnkey property generates $1,550,000 in annual revenue with strong operational metrics including 57% year-round occupancy, $100 average daily rate, and $57 revenue per available room.
PROPERTY HIGHLIGHTS:
• 86 well-appointed guest rooms in prime Northeast PA location
• Complete 2023 renovation reducing near-term capital expenditure requirements
• Comprehensive amenity package: indoor heated pool, full hot breakfast, fitness center, high-speed Wi-Fi, meeting room, business center, and free parking
• Strategic proximity to popular Finger Lakes region supporting tourism and recreational travel
• Established Comfort Inn & Suites franchise with national reservation system and loyalty program access
REVENUE & OPERATIONS:
• Annual revenue: $1,550,000
• Diversified demand base including corporate transient, healthcare-related travel, leisure guests, and small group business
• Currently operated as absentee-owned business with significant growth potential
• Minimal local competition enhancing market position
INVESTMENT OPPORTUNITY:
This property offers investors a rare combination of recent comprehensive renovation, established cash flow, and recognized brand affiliation. The modern amenity set and prime location support strong occupancy rates and average daily rates relative to limited-service competitors in the market.
GROWTH POTENTIAL:
New ownership can enhance performance through on-site sales management and targeted marketing initiatives. The property's strategic location and comprehensive amenities position it well for continued revenue growth.
SUPPORT:
30-day training and support program included with sale to ensure smooth ownership transition.
Asking Price: $7,700,000
This represents an exceptional opportunity to acquire a fully renovated, cash-flowing hospitality asset in a proven market with strong fundamentals and growth potential.
This fully renovated 86-room Comfort Inn & Suites presents an exceptional hospitality investment opportunity in Northeast Pennsylvania. Established in 2011 and completely renovated in 2023, this turnkey property generates $1,550,000 in annual revenue with strong operational metrics including 57% year-round occupancy, $100 average daily rate, and $57 revenue per available room.
PROPERTY HIGHLIGHTS:
• 86 well-appointed guest rooms in prime Northeast PA location
• Complete 2023 renovation reducing near-term capital expenditure requirements
• Comprehensive amenity package: indoor heated pool, full hot breakfast, fitness center, high-speed Wi-Fi, meeting room, business center, and free parking
• Strategic proximity to popular Finger Lakes region supporting tourism and recreational travel
• Established Comfort Inn & Suites franchise with national reservation system and loyalty program access
REVENUE & OPERATIONS:
• Annual revenue: $1,550,000
• Diversified demand base including corporate transient, healthcare-related travel, leisure guests, and small group business
• Currently operated as absentee-owned business with significant growth potential
• Minimal local competition enhancing market position
INVESTMENT OPPORTUNITY:
This property offers investors a rare combination of recent comprehensive renovation, established cash flow, and recognized brand affiliation. The modern amenity set and prime location support strong occupancy rates and average daily rates relative to limited-service competitors in the market.
GROWTH POTENTIAL:
New ownership can enhance performance through on-site sales management and targeted marketing initiatives. The property's strategic location and comprehensive amenities position it well for continued revenue growth.
SUPPORT:
30-day training and support program included with sale to ensure smooth ownership transition.
Asking Price: $7,700,000
This represents an exceptional opportunity to acquire a fully renovated, cash-flowing hospitality asset in a proven market with strong fundamentals and growth potential.
About the Business
- Years in Operation
- 14
- Franchise
- This business is an established franchise
- Facilities & Assets
- Comfort Inn & Suites – Sayre is an 86-room, select-service hotel offered as a turnkey, branded investment opportunity. The property was fully renovated in 2023, including guestrooms, corridors, lobby and amenity spaces, positioning the hotel with minimal near-term capital expenditure requirements. The hotel benefits from a strong amenity package, efficient operating scale and diversified demand from corporate, healthcare, leisure and group segments.
Indoor Heated Pool
Full Hot Breakfast
Fitness Center
Business Center
Meeting Room
High-Speed Wi-Fi - Market Outlook / Competition
- Turnkey Asset: Comprehensive 2023 renovation significantly reduces near-term capex risk.
Amenity Set: Indoor pool, hot breakfast and meeting space support strong occupancy and ADR relative to limited-amenity competitors.
Efficient Scale: 86-rooms
Branded Demand Generation: Comfort Inn & Suites affiliation provides access to a national reservation system, loyalty program and established operating standards.
Multiple Demand Drivers: Balanced mix of corporate transient, healthcare-related travel, leisure and small group business.
Very Minimum Competition - Opportunities for Growth
- Tremendous potential for growth and expansion. The New Ownership can hire an onsite sales manager for better sales performance.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
About the Sale
- Seller Motivation
- Absentee Owner
- Transition Support
- 30-day support and training will be provided.
Listing Info
- ID
- 2433965
- Listing Views
- 7
Attached DocumentsAttachment Disclaimer
Listing ID: 2433965 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
Businesses for SalePennsylvania Businesses for SalePennsylvania Entertainment & Leisure Businesses for SalePennsylvania Hotels & Motels Businesses for Sale
